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INNOVATION: Build Your Own Start-up – From Idea to Scalable Model using a Lean Start-Up Approach

Turn your own idea into a validated, scalable, and responsible venture. Master’s project opportunity for one or two students.

– Published 4 December 2025

Master’s project opportunity for one or two students: In this thesis, you will originate, develop, and validate your own start-up idea. Using Lean Startup and the Business Model Canvas, you will move from problem discovery to MVPs, customer validation, and iterative pivots – culminating in a defensible, ethical, and scalable business model. Turn your own idea into a validated, scalable, and responsible venture.

Key Objectives

  • Identify a real problem/opportunity and craft your own venture idea.
  • Translate your idea into testable Business Model Canvas hypotheses.
  • Conduct customer/user/partner discovery to validate each assumption.
  • Design, build, and test a minimum viable product (MVP).
  • Iterate or pivot based on evidence; refine your business model.
  • Critically assess ethics and sustainability implications.
  • Produce a thesis and an investor-ready pitch.

What You’ll Produce

  • Master’s thesis documenting methods, data, insights, and outcomes.
  • Evolving Business Model Canvas and experiment logs.
  • MVP prototype or demo with validation metrics.
  • Customer discovery evidence and a concise pitch deck.

Ideal Candidate

  • Master’s student in Business/Innovation/Entrepreneurship or related field.
  • Ready to own and drive a venture from zero; comfortable with fieldwork.
  • Strong analytical, communication, and teamwork skills.

Contact

Got interested? Please contact Torben Schubert, Associate Professor in Innovation: Torben.schubert@circle.lu.se